UNEMPLOYMENT, by the numbers. “The jobs numbers could hardly have been worse. Not only did the unemployment rate rise to 9.2 percent, and the economy create only 18,000 jobs, but the percent of Americans choosing to participate in the labor force declined to 64.1 percent, the same level as in March, 1984. Over 44 percent of the unemployed have been out of work for six months or longer, making their reentry into employment even more difficult. . . . What’s needed is regulatory reform to make it easier for employers to hire workers.”

Why yes, yes it is.